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Updated over 1 year ago on . Most recent reply

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Chris E.
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Need Idea from folks here

Chris E.
Posted

I am going to inherit some capital  and this is going to be my only capital in life. What should I do to ensure I invest it properly and have 5 Million dollar in 5 -7 years in asset with a 6-10 K a month Cash flow. Is this possible? 

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Scott E.
  • Developer
  • Scottsdale, AZ
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Scott E.
  • Developer
  • Scottsdale, AZ
Replied

I know it's not ideal to put your personal information out there on the internet, but it's tough to give direction when we don't know how much capital you are working with.

If you are inheriting $1,000,000... then yes it's possible to put yourself in a position of $5 million worth of assets (with leverage) and 6-10k a month in cashflow in 5-7 years.

If you are inheriting $500,000... that is going to be MUCH more challenging (especially if you have no investing or construction background). But still possible.

If you are inheriting $100,000... not a chance

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